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86-281 Hokuukali Place

Waianae HI 96792 · Contract

86-281 Hokuukali Place

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DescriptionWelcome home to 86-281 Hokuukali Place in Lualualei, Waianae — a rare chance to return to your roots and secure your family’s future on Hawaiian Home Lands. Available to qualified buyers with 50% or more Native Hawaiian ancestry through the Hawaiian Home Lands program, this lease runs through 2084, with property taxes around $300 per year — offering long-term stability and affordability in Hawai?i. This 3-bedroom, 2.5-bath home sits on a 6,114 sq. ft. corner lot, providing space and flexibility. Features include an open layout, split A/C, owned photovoltaic system, ample parking, and a brick wall with side fencing for privacy. There’s potential to build up for ocean views and a multi-generational retreat (subject to DPP and DHHL approval). Whether moving back home or expanding for family, this is more than a home — it’s a place to grow, connect, and strengthen ?ohana for generations.
StatusContract since 03-04-2026
MLS#202604913
Price$495,000
Original Price$495,000
Price Change (0.00%)
Beds / Baths / Half3 / 2 / 1
Parking Spaces2
Living Sq Ft1,060
Land Sq Ft6,114
Land TenureLH - Leasehold
Maintenance Fee$0
Address86-281 Hokuukali Place Waianae HI 96792
RegionLeeward
NeighborhoodLualualei
Days on Market36
Year Built1993
Year Remodeled2023
ConditionExcellent,Above Average
ViewMountain, Ocean
FrontageOther
PoolNone
Parking2 Car
Zoning05 - R-5 Residential District
Flood ZoneZone D
ElementaryLeihoku
MiddleWaianae
HighWaianae
Tax Amount$25
Assessed Land$448,700
Assessed Building$139,200
Assessed Total$587,900
Assessed Ratio84%
InclusionsAC Window Unit, Cable TV, Ceiling Fan, Disposal, Dryer, Photovoltaic - Owned, Security System, Washer, Water Heater
AmenitiesNone
UtilitiesCable, Internet, Overhead Electricity, Public Water, Sewer Fee
ConstructionAbove Ground, Double Wall, Wood Frame
Lot FeaturesClear
FlooringVinyl, W/W Carpet
DisclosuresPhotovoltaic, Property Disclosure Stmt, See Remarks
FurnishedPartial
Land RecordedRegular System
Possession45 Days or More, At Closing
Sale ConditionsNone
TopographyOther
Building StyleDetach Single Family
RoofingAsphalt Shingle
EasementsOther
SecurityKey, Video
LeaseholdLease rent / 2684 · Buy fee
Parcel #1-8-6-023-088-0000
Listing courtesy ofReal Broker
DateMLS#ChangeOld ValueNew ValueList PriceSold PriceAssessed TotalLandBuilding
06-29-2026202604913Active Under ContractAC$495,000$0$587,900$448,700$139,200
06-23-2026202604913Back On MarketPA$495,000$0$587,900$448,700$139,200
04-06-2026202604913PendingAP$495,000$0$587,900$448,700$139,200
03-04-2026202604913New ListingA$495,000$0$587,900$448,700$139,200
12-02-2025202411321CancelledAW$575,000$0$613,100$475,100$138,000
09-25-2025202411321Price Decrease$645,000$575,000$575,000$0$613,100$475,100$138,000
03-30-2025202411321Price Decrease$700,000$645,000$575,000$0$613,100$475,100$138,000
07-12-2024202411321New ListingA$575,000$0$613,100$475,100$138,000
05-07-2024202325708CancelledAW$700,000$0$645,200$496,200$149,000
11-17-2023202325708New ListingCSA$700,000$0$645,200$496,200$149,000
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